Trillion
in sentence
2031 examples of Trillion in a sentence
According to the World Bank, 50% of formal SMEs lack access to formal credit, and the total credit gap for both formal and informal SMEs is as high as $2.6
trillion
worldwide.
After ten years of war, more than a hundred thousand casualties, mostly Iraqis, and an astronomical cost of almost $1 trillion, the US leaves behind an Iraq that is neither more secure nor especially democratic.
This is significant, but not nearly as large as the previous proposal to cut the rate to 25% – which, according to independent analysts, would have led to about $10
trillion
in revenue losses over the course of just one decade.
Capital flows – in the form of equity and bond purchases, foreign direct investment, and lending – fell by over two thirds, from $11.9
trillion
to $3.3 trillion, between 2007 and 2015.
China’s $3 billion investment in Blackstone, while insignificant relative to China’s $1.3
trillion
of reserve assets – a sum headed for $1.5
trillion
by the end of this year and likely to hit $2
trillion
sometime in 2009 – is but a toe dipped in the water, a test run.
But increasing its resources to a
trillion
dollars or more is not a realistic option, either.
We must end the vicious circle whereby the use of taxpayers’ funds – more than €4.5
trillion
($5.7 trillion) so far – to rescue banks weakens governments’ budgets, while increasingly risk-averse banks stop lending to businesses that need funds, undermining the economy further.
Thanks to persistent current-account and capital-account surpluses for two decades, China has accumulated $3.2
trillion
in foreign-exchange reserves.
Despite few ready avenues for product commercialization, the world’s companies, research institutes, and university and government laboratories together spend more than a
trillion
dollars on R&D annually.
Annual output per person, adjusted for price levels in different parts of the world, averages around $10,000, implying total output of around $67
trillion.
As a result, the research and development program essentially paid for itself, and total discounted benefits for the $800 billion investment climbed to more than $2.1
trillion.
Another reason for optimism about the US and world economies is rooted in the Trump administration’s $1
trillion
plan to rebuild America’s infrastructure.
As national financial markets grew more intertwined, cross-border capital flows rose from $0.5
trillion
in 1980 to a peak of $11.8
trillion
in 2007.
After expanding across national borders with the creation of the euro, eurozone banks have now reduced cross-border lending and other claims within the eurozone by $2.8
trillion
since the end of 2007.
To see the inadequacy of that package, compare it with the more than $1.5
trillion
that was borrowed in home equity loans in recent years, most of it spent on consumption.
The national debt has increased by 50% in eight years, with almost $1
trillion
of this increase due to the war – an amount likely to more than double within ten years.
The Bank for International Settlements estimates outstanding dollar credit to non-bank borrowers outside the United States at $9
trillion.
Big debtors include some of those countries whose currencies have come under downward pressure recently: China ($1 trillion), Brazil (more than $300 billion), India ($125 billion), plus Malaysia, South Africa, Turkey, and Latin America’s financially open economies: Colombia, Chile, Peru, and Mexico.
The World Meteorological Organization has recorded more than 8,000 weather, climate, and water-related disasters worldwide since 1970, costing nearly two million lives and some $2.4
trillion.
By last year, it had reached $1
trillion.
From 2000 to 2007, the US ran a cumulative current-account deficit of roughly $5.5 trillion, with nearly symmetrical offsetting increases in reserves in China and Japan.
The CDO market grew from $275 billion to $4.7
trillion
from 2000 to 2006, whereas the CDS market grew four times faster, from $920 billion in 2001 to $62
trillion
by the end of 2007.
Transfers of US-dollar bank balances average a staggering $2.7
trillion
per day, yet are routinely settled through the use of standardized banking and communications protocols.
It is interesting to see the world's financial elites seek refuge from the uncomfortable but essential Keynesian advice they are now giving to Japan by changing the subject to financial reform, Big Bang deregulation of Japan’s financial institutions, and fixing the half
trillion
dollars of bad loans on the books of Japanese banks.
Bottom DollarAs more time passes with neither the value of the dollar declining sharply nor market forces beginning to shrink America’s current-account deficit – which may well reach $1
trillion
this year – two diametrically opposed reactions are emerging.
Even after depreciation, that $130 billion of extra annual income is capitalized at about $1.5
trillion
of wealth, so the current-account deficit, even at $1 trillion, is not overwhelmingly large.
Moreover, the annual interest charged on the extra $1
trillion
per year that Americans borrow from the rest of the world is about $50 billion – just one-eighth of annual economic growth, while the trade deficit is financed out of the growth of the value of capital.
By now, wealth in the form of owner-occupied housing is down about 30%, equivalent to a loss of more than $6
trillion
of household wealth.
The US Energy Department estimates that the country has 25
trillion
cubic meters of technically recoverable shale gas, which, when combined with other oil and gas resources, could last for two centuries.
Fortunately, world leaders listened, agreeing in April 2009 at the G-20 Summit in London to provide a total of $5
trillion
in fiscal stimulus.
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